Bit Price Book Value Ratio from 2010 to 2025

BTBT Stock  USD 3.65  0.06  1.62%   
Bit Digital Price Book Value Ratio yearly trend continues to be comparatively stable with very little volatility. Price Book Value Ratio will likely drop to 2.39 in 2025. From the period from 2010 to 2025, Bit Digital Price Book Value Ratio quarterly data regression had r-value of (0.86) and coefficient of variation of  114.24. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
2.51
Current Value
2.39
Quarterly Volatility
38.75416725
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bit Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bit Digital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.4 M, Selling General Administrative of 32 M or Selling And Marketing Expenses of 1.3 M, as well as many indicators such as Price To Sales Ratio of 11.57, Dividend Yield of 0.0038 or PTB Ratio of 2.39. Bit financial statements analysis is a perfect complement when working with Bit Digital Valuation or Volatility modules.
  
Check out the analysis of Bit Digital Correlation against competitors.
For more information on how to buy Bit Stock please use our How to Invest in Bit Digital guide.

Latest Bit Digital's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Bit Digital over the last few years. It is Bit Digital's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bit Digital's overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Slightly volatile
   Price Book Value Ratio   
       Timeline  

Bit Price Book Value Ratio Regression Statistics

Arithmetic Mean33.92
Geometric Mean10.77
Coefficient Of Variation114.24
Mean Deviation36.13
Median8.55
Standard Deviation38.75
Sample Variance1,502
Range81.5772
R-Value(0.86)
Mean Square Error426.27
R-Squared0.74
Significance0.000022
Slope(6.98)
Total Sum of Squares22,528

Bit Price Book Value Ratio History

2025 2.39
2024 2.51
2023 2.18
2022 0.52
2021 1.96
2020 17.64
2019 1.28

About Bit Digital Financial Statements

Bit Digital shareholders use historical fundamental indicators, such as Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Bit Digital investors may analyze each financial statement separately, they are all interrelated. The changes in Bit Digital's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bit Digital's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price Book Value Ratio 2.51  2.39 

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Additional Tools for Bit Stock Analysis

When running Bit Digital's price analysis, check to measure Bit Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bit Digital is operating at the current time. Most of Bit Digital's value examination focuses on studying past and present price action to predict the probability of Bit Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bit Digital's price. Additionally, you may evaluate how the addition of Bit Digital to your portfolios can decrease your overall portfolio volatility.